Dominion Energy (D) Gets a Hold Rating from Wells Fargo

In a report released yesterday, Sarah Akers from Wells Fargo maintained a Hold rating on Dominion Energy (DResearch Report). The company’s shares closed last Friday at $77.05.

According to TipRanks.com, Akers is a 4-star analyst with an average return of 7.1% and a 69.0% success rate. Akers covers the Utilities sector, focusing on stocks such as South Jersey Industries, Pinnacle West Capital, and Chesapeake Utilities.

The word on The Street in general, suggests a Hold analyst consensus rating for Dominion Energy with a $81.50 average price target, which is a 7.5% upside from current levels. In a report issued on September 21, BMO Capital also maintained a Hold rating on the stock with a $82.00 price target.

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The company has a one-year high of $90.89 and a one-year low of $57.79. Currently, Dominion Energy has an average volume of 4.24M.

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Dominion Energy, Inc. engages in the provision of electricity and natural gas to homes, businesses, and wholesale customers. Its operations also include a regulated interstate natural gas transmission pipeline and underground storage system. It operates through following business segments: Power Delivery, Power Generation, and Gas Infrastructure. The Power Delivery segment regulates electric distribution and transmission. The Power Generation segment includes regulated electric fleet and merchant electric fleet. The Gas Infrastructure segment comprises gas transmission and storage, gas distribution and storage, liquefied natural gas import, and storage. The company was founded by William W. Berry in 1983 and is headquartered in Richmond, VA.